MARKETS

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Delayed 15 min · 19:00 GMT

FLASH

Moderna lifts 2026 growth outlook to 15–25% after 29% Q3 jump Panama’s $8.5B Bet: The Canal That Wants to Be More Than a Canal Microsoft reportedly winds down Oracle AI-computing deal; Oracle falls 4% Up 1,500, down 1,800: Wall Street’s wildest week since the 2025 tariff crash Fox closes $22B Roku takeover months ahead of schedule Nikkei, Kospi plunge 6% as AI crash spreads to Asia Nasdaq crashes 5.5% as $2.5 trillion vanishes in AI rout Europe’s Stoxx 600 hits record as money rotates out of AI Toyota soars 16.7%, raises profit forecast 15% on hybrids, weak yen Europe’s defence darling, Rheinmetall, plunges 16% after second sales cut in three months

Moderna lifts 2026 growth outlook to 15–25% after 29% Q3 jump Panama’s $8.5B Bet: The Canal That Wants to Be More Than a Canal Microsoft reportedly winds down Oracle AI-computing deal; Oracle falls 4% Up 1,500, down 1,800: Wall Street’s wildest week since the 2025 tariff crash Fox closes $22B Roku takeover months ahead of schedule Nikkei, Kospi plunge 6% as AI crash spreads to Asia Nasdaq crashes 5.5% as $2.5 trillion vanishes in AI rout Europe’s Stoxx 600 hits record as money rotates out of AI Toyota soars 16.7%, raises profit forecast 15% on hybrids, weak yen Europe’s defence darling, Rheinmetall, plunges 16% after second sales cut in three months

Industries

Nikkei, Kospi plunge 6% as AI crash spreads to Asia

A Kospi circuit breaker halted trading and Japan’s benchmark entered a bear market. Chipmakers took the heaviest losses.

News | 6 November 2026

Nikkei, Kospi plunge 6% as AI crash spreads to Asia

Asia felt the full force of Thursday’s US crash. Within an hour of the open, Korea’s Kospi was down more than 8%, triggering a 20-minute circuit breaker. Both the Kospi and Japan’s Nikkei closed about 6% lower, and Taiwan’s Taiex lost 4.5%. The Nikkei is now more than 20% below its June peak, which puts it in a bear market.

Samsung, SK Hynix and TSMC led the fall. All three have ridden the AI chip boom, so they are the most exposed if US data-centre spending slows.

Bargain hunting helped pare losses in mainland markets buoyed by Beijing’s market-supporting measures.

Japan’s Nikkei 225 entered bear market territory Friday, as a deepening sell-off in technology stocks dragged the benchmark more than 20% below its June peak.

Japanese and Korean officials publicly acknowledged the volatility. Mainland China held up better because Beijing’s market-support measures drew bargain buyers.